4//SEC Filing
J C PENNEY CO INC 4
Accession 0001140361-11-012323
CIK 0001166126operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:18 PM ET
Size
7.0 KB
Accession
0001140361-11-012323
Insider Transaction Report
Form 4
Dastugue Michael
EVP, Chief Financial Officer
Transactions
- Award
Common Stock of 50 cents Par Value
2011-02-23+7,520→ 23,000.906 total
Holdings
- 2,700(indirect: By Trust)
Common Stock of 50 cents Par Value
Footnotes (3)
- [F1]Represents earn-out of previously awarded performance-based restricted stock units granted under the Company's 2009 Long-Term Incentive Plan on 3/16/2010. The earned restricted stock units are subject to further time-based vesting requirements with one-third of the units vesting on March 16, 2011, March 16, 2012, and March 16, 2013, respectively.
- [F2]Includes 38.833 restricted stock units acquired since January 11, 2011 pursuant to dividend equivalents on restricted stock unit awards. Dividend equivalents on restricted stock unit awards accrue on a quarterly basis, exempt under Rule 16a-11.
- [F3]Represents equivalent shares based on units of participation in the JCPenney stock fund allocated to Mr. Dastugue's account in the Company's 401(k) plan, as of February 23, 2011. The shares of JCPenney common stock in the fund are held by the trustee of the 401(k) plan. Changes in the amount of securities beneficially owned reflect changes in the value of the fund, the number of units of participation in the fund held by all participants, and the number of units of participation held by Mr. Dastugue.
Documents
Issuer
J C PENNEY CO INC
CIK 0001166126
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001166126
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:18 PM ET
- Size
- 7.0 KB